Ireland’s National Treasury Management Agency, the state body that manages debt and the sovereign wealth fund, will review its security protocols after losing €5m in a phishing attack. The scam was discovered last week after staff at the €17bn Ireland Strategic Investment Fund (ISIF) – a sovereign development fund that the agency also runs –…
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) rejected the appellant’s corporate guarantee claim as time-barred and held that the 388-day delay violates the provisions of Section 12 of the Insolvency and Bankruptcy Code, 2016. In this case, the appeal was filed by Moneywise Financial Services Private Limited under Section 61 of…
“The kids of today” is often said with a sigh – but perhaps it’s time to rethink that. According to Sanlam’s 2025 Credit Confidence Index, Gen Z’s appetite for early credit education puts it ahead of Millennials and Gen X, and they may be the generation to help rewrite South Africa’s credit story. Right now,…
Cairo, 10 July 2025 (ECA) – The UN Economic Commission for Africa (ECA), in collaboration with Global Sovereign Advisory (GSA) and the Government of Egypt, concluded today in Cairo (Egypt) a four-day capacity building workshop on Debt Sustainability Analysis (DSA). About 35 officials from the Egyptian Ministry of Finance, the Ministry of Planning, Economic Development…
Teko Modise’s estranged wife wants R1.2m and debt relief in proposed divorce settlement News24 Read the original article here
The Insolvency Law Academy (ILA) is pleased to announce that its 4th Annual Conference will be held from 24 to 26 January 2026 at the Ramoji Film City in Hyderabad, India. Founded by Sumant Batra (International Fellow of the American College of Bankruptcy and past President of INSOL International), the ILA is a leading think tank committed to…
Sweden is preparing to introduce a far-reaching ban on gambling with credit in a move aimed at protecting consumers and promoting a more sustainable gaming environment. Under the newly proposed legislation, gambling operators and agents licensed in Sweden would be strictly prohibited from accepting any bets financed with borrowed money, whether through credit cards or third-party credit providers. Expanding…
Gamblers sounded the alarm over a new provision in President Donald Trump’s recently passed spending bill that imposes a $1.1 billion tax increase by limiting the deductibility of gambling losses. The change, buried in the Senate GOP’s version of the sweeping “Big Beautiful Bill,” will cut their net winnings and potentially charge income tax when…
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